Shorts
By Staff -- graphic arts online, 10/1/2004
Agfa-Gevaert of Belgium has acquired ProImage, an Israeli company billing $6.7 million in the development of browser-based digital workflow solutions for the printing and newspaper industries.
Global DocuGraphix Inc., a document management and graphics services company based in Chicago, has acquired National Graphics Company, a Denver-based print distributorship that provides some 300 customers with business forms, forms management, envelopes, storage and distribution, promotional products, commercial printing, printed binders, and e-commerce solutions.
Walsworth Publishing Company, Marceline, Mo., has acquired Webco Printing, Omaha, Neb. Walsworth, which calls itself the world's largest independently owned yearbook printer and bills more than $100 million in the sales of yearbooks, books, and catalogs, says the purchase expands its capacity by $35 million.
Adobe Systems, San Jose, Calif., reported that revenues for the quarter ending July 31 were $403.7 million, up 27% from the period a year earlier, while net income rose 62%, to $104.5 million. Officials attributed the large gains to continued momentum for Creative Suite and Acrobat products.
Avery Dennison, Pasadena, Calif., is forming a new business unit dedicated to the manufacture and marketing of low-cost radio frequency identification (RFID) inlays and tags. The division will market these items to the company's own label converter customers.
Schawk, Inc., a brand imaging solutions specialist based in Des Plaines, Ill., has opened a new facility in Shenzhen, China, where it will offer consultative services focusing on the technical specifications required to ensure high print quality and color consistency for offset, flexography, roto-gravure, and screen print packaging and point-of-sale workflows.
Transcontinental Printing Inc., Montreal, posted revenues of $502 million for the quarter ending July 31, up 16% over the same quarter a year earlier. Operating income rose 21%, to $85 million, while net earnings rose 24%, to $35 million. The company attributes the growth to the successful integration of companies it acquired early in the year, including the printer and publisher Optipress and direct marketer CC3.
Print Outlook, the annual economic and marketing conference, takes place December 9-10 in Alexandria, Va. Its theme: Challenge and Opportunity in the New Media Mix. Visit npes.org for more.

















